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British PM publishes personal tax returns amid Panama Papers row

Amid mounting pressure, United Kingdom Prime Minister David Cameron on Sunday released his personal tax returns and ordered a new taskforce to probe tax-dodging allegations in a bid to defuse the......

Jayalalithaa told to appear on June 9 in income tax case

A court in Chennai on Tuesday adjourned to June 9 the income tax return cases against Tamil Nadu Chief Minister J Jayalalithaa and her aide Sasikala for their appearance. When the case came up for......

Maharashtra, Delhi pay 53% of India's income-tax

The government earned Rs 7.42 lakh crore as direct taxes in 2015-16, a 66 per cent increase from Rs 4.45 lakh crore in 2010-11 On 29 April 2016, Prime Minister Narendra Modi announced - for the......

Only 18,358 individual taxpayers declared income of over Rs 1 cr in FY12

Income-tax data released by FinMin after 15 years Only 0.06 per cent of the total individual tax assessees fall in the 'super rich' category, with annual salary of Rs 1 crore or more and could be......

Filing tax returns on time has benefits

You can carry forward losses and revise the returns umpteen times in case of mistakes. With the income tax department allowing ample time for filing returns, many taxpayers take it easy. For the......

Filing Income Tax returns gets more complicated

Those with annual income of more than Rs 50 lakh will have to furnish a lot of additional details Filing income-tax returns is not a pleasant job for most, even for those who have no income to show......

Individual e-filing of I-T returns likely from mid-April

Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms E-filing of income tax returns for individuals for the assessment year 2016-17 is likely to begin......
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Telecom companies claim spectrum auction has destroyed sector; returns on investment less than 1%

NEW DELHI: Telecom companies, which have appealed in the Supreme Court against a High Court ruling upholding the regulatory body's decision to slap... ...

http://economictimes.indiatimes.com/news/economy/policy/telecom-companies-claim-spectrum-auction-has-destroyed-sector-returns-on-investment-less-than-1/articleshow/52101500.cms
The super rich were the first to bail during the financial crisis

That's the finding of a new paper that says people with the highest income bailed from stocks disproportionately on the worst days of the financial... ...

http://smartinvestor.business-standard.com/market/Econnews-381878-Econnewsdet-The_super_rich_were_the_first_to_bail_during_the_financial_crisis.htm
New form to claim tax rebate on LTA, HRA

NEW DELHI: The income tax department has come out with a standard Form 12BB for salaried taxpayers to claim tax deduction on leave travel allowance... ...

http://timesofindia.indiatimes.com/business/india-business/New-form-to-claim-tax-rebate-on-LTA-HRA/articleshow/52100784.cms
Maharashtra, Delhi pay 53% of India's income-tax

The government earned Rs 7.42 lakh crore as direct taxes in 2015-16, a 66 per cent increase from Rs 4.45 lakh crore in 2010-11 On 29 April 2016,... ...

http://www.rediff.com/money/special/special-maharashtra-delhi-pay-53-of-indias-income-tax/20160504.htm
A taxing agenda

India's income tax department released time series data for the period 2000-01 to 2014-15 last week in an attempt to enhance transparency and... ...

https://in.news.yahoo.com/taxing-agenda-000000932.html

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  17. delhi
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  29. janata dal-united
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